S. 2805 · 116th Congress
TOD Advancement Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
WickerSponsor6 cosponsors · 3 D, 2 R, 1 I
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill revises and extends until December 4, 2021, the Railroad Rehabilitation Improvement and Financing program.
What it does: CRS summary · Reported to Senate · Aug 12, 2020
TOD Advancement Act of 2019
This bill revises and extends until December 4, 2021, the Railroad Rehabilitation Improvement and Financing program.
Specifically, the bill revises program purposes to include financing economic development and infrastructure that (1) incorporates private investment of greater than 20% of total project costs; (2) is physically connected to, or within one half mile walking distance from, a passenger rail station or minimodal station that includes rail services; (3) will commerce construction within 90 days after the loan or loan guarantee is obligated for the project; and (4) demonstrates the ability to generate new financial assistance for the relevant passenger rail station or service.
The bill requires the Department of Transportation to periodically report to Congress on the number of applications for loans and loan guarantees under the program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: TOD Advancement Act of 2019
Latest action (Aug 12, 2020): Placed on Senate Legislative Calendar under General Orders. Calendar No. 516.
Policy area: Transportation and Public Works · Origin: Senate · Introduced: Nov 6, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.